RHIMNSERHI MAGNESITA INDIA LIMITEDHighNeutral
Announced Fri, 8 Aug · 17:46 IST

RHI MAGNESITA INDIA LTD has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RHI Magnesita India has appointed Mr. Naresh Verma (Proprietor of M/s. Naresh Verma & Associates, Company Secretaries) as the new Secretarial Auditor of the company. The appointment, approved by the Board on 8 August 2025 on the recommendation of the Audit Committee, is for a period of five consecutive years covering FY 2025-26 to FY 2029-30. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. The firm holds a peer review certificate from the Institute of Company Secretaries of India and specializes in corporate laws, SEBI regulations, FEMA, and secretarial/due diligence/compliance audits.

Likely market impact

This is a routine governance-related disclosure with no material financial impact. Shareholders will need to approve the appointment at the next AGM, and the continuity of secretarial audit oversight for the next five years provides governance stability.